Schwab Fundamental U.S. Small Company ETF $FNDA is Waddell & Associates LLC’s 4th Largest Position

Waddell & Associates LLC lifted its stake in Schwab Fundamental U.S. Small Company ETF (NYSEARCA:FNDA) by 1.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,823,762 shares of the exchange traded fund’s stock after purchasing an additional 41,512 shares during the quarter. Schwab Fundamental U.S. Small Company ETF comprises about 6.0% of Waddell & Associates LLC’s portfolio, making the stock its 4th largest holding. Waddell & Associates LLC’s holdings in Schwab Fundamental U.S. Small Company ETF were worth $88,977,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Steele Capital Management Inc. raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 4.2% in the 4th quarter. Steele Capital Management Inc. now owns 2,047,126 shares of the exchange traded fund’s stock valued at $64,505,000 after purchasing an additional 81,671 shares during the last quarter. Prairiewood Capital LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 8.7% in the 4th quarter. Prairiewood Capital LLC now owns 1,989,955 shares of the exchange traded fund’s stock valued at $62,703,000 after purchasing an additional 158,837 shares during the last quarter. UBS Group AG raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 5.7% in the 4th quarter. UBS Group AG now owns 1,428,932 shares of the exchange traded fund’s stock valued at $45,026,000 after purchasing an additional 76,901 shares during the last quarter. Riverpoint Wealth Management Holdings LLC raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 2.0% in the 4th quarter. Riverpoint Wealth Management Holdings LLC now owns 1,142,826 shares of the exchange traded fund’s stock valued at $36,010,000 after purchasing an additional 22,347 shares during the last quarter. Finally, Solitude Financial Services raised its position in shares of Schwab Fundamental U.S. Small Company ETF by 2.4% in the 4th quarter. Solitude Financial Services now owns 999,593 shares of the exchange traded fund’s stock valued at $31,497,000 after purchasing an additional 23,062 shares during the last quarter.

Schwab Fundamental U.S. Small Company ETF Stock Up 0.6%

Shares of Schwab Fundamental U.S. Small Company ETF stock opened at $35.98 on Tuesday. The firm has a market capitalization of $10.32 billion, a P/E ratio of 17.12 and a beta of 1.03. The company has a 50 day moving average price of $34.97 and a 200 day moving average price of $33.63. Schwab Fundamental U.S. Small Company ETF has a 52 week low of $27.68 and a 52 week high of $36.53.

Schwab Fundamental U.S. Small Company ETF Company Profile

The Schwab Fundamental U.S. Small Company Index ETF (FNDA) is an exchange-traded fund that is based on the Russell RAFI Small Company US index. The fund tracks a fundamentally selected and weighted Russell index of small firms based on adjusted sales, retained operation cash flow, and dividends plus buybacks. FNDA was launched on Aug 15, 2013 and is managed by Charles Schwab.